Lakeside Holding Ltd.’s (NASDAQ:LSH) Lock-Up Period Set To End on December 25th

Lakeside’s (NASDAQ:LSH) lock-up period is set to end on Wednesday, December 25th. Lakeside had issued 1,500,000 shares in its public offering on June 28th. The total size of the offering was $6,750,000 based on an initial share price of $4.50. After the expiration of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

Lakeside Stock Performance

Shares of LSH opened at $2.53 on Friday. The company’s 50 day simple moving average is $2.65. Lakeside has a twelve month low of $2.10 and a twelve month high of $5.37.

About Lakeside

Lakeside Holding Limited, through its subsidiaries, provides integrated cross-border supply chain solution in the United States, China, South Korea, and internationally. It offers a range of integrated services under cross-border ocean freight solutions and cross-border airfreight solutions, including cross-border freight consolidation and forwarding services, customs clearance services, warehousing and distribution services, and U.S.